Energy News 4th August 202
WEC India Energy News
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WEC India Energy Handbook Mobile Application
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| Climate change: Cabinet approves India’s updated nationally determined contribution | Energy conservation law to get a new look | Ranjit Rath takes over as CMD of Oil India | |||
New Delhi, Aug 3 (PTI) The Union Cabinet on Wednesday approved India’s updated Nationally Determined Contribution (NDC) under the Paris Agreement, incorporating Prime Minister Narendra Modi’s ‘Panchamrit’ strategy announced at the Glasgow conference into enhanced climate targets. According to the updated NDC, India now stands committed to reducing emissions intensity of its GDP by 45 per cent by 2030, from 2005 level, and achieving about 50 per cent Read more... | NEW DELHI : Union power minister Raj Kumar Singh on Wednesday introduced amendments to the Energy Conservation Act in the Lok Sabha to put in place enabling provisions to make the use of clean energy, including green hydrogen, mandatory and to establish carbon markets. The Energy Conservation (Amendment) Bill, 2022, seeks to mandate use of non-fossil sources, including biomass and ethanol for energy and feedstock along with the use of green hydrogen and green ammonia.Read more... | Ranjit Rath has taken over as the new chairman and managing director of India’s second-largest state-run oil and gas producer, Oil India Ltd. A geoscientist, Rath is an alumnus of IIT Bombay, IIT Kharagpur and Utkal University and took over the charge on August 2, the company said in a statement on Wednesday. Rath, 50, previously was chairman and managing director of Mineral Exploration Corporation Ltd (MECL) and was Read more... | |||
| 'UN Secretariat does not take money from oil and gas industry' | DDA nod to proposal on EV charging at petrol pumps at lesser licence fee | France will have filled up its strategic gas reserves by start of November -minister | |||
United Nations UN Secretary-General Antonio Guterres said that the UN Secretariat does not take money from the oil and gas industry. "I can guarantee that the UN Secretariat does not (take money from the oil and gas industry)," he told reporters on Wednesday. "Our orientation has been for the Pension Fund to entirely divest from the fossil fuel system, which started by divesting from coal. And I believe they already reached full Read more... | The Delhi Development Authority on Wednesday approved a proposal on the installation of electric vehicle (EV) charging facility at petrol or diesel pumps and CNG stations at a lesser licence fee to curb air pollution in the city, officials said. The decision was taken during a meeting of the urban body chaired by Lt Governor V K Saxena, who also gave nod to several other key proposals, including relaxing norms for owing a DDA .Read more... | PARIS, Aug 3 (Reuters) - France will have filled out 100 percent of its strategic gas reserves by November 1, government energy transition minister Agnes Pannier-Runacher told C News TV, as European countries prepare for fewer energy supplies coming through from Russia. Reporting by Nicolas Delame and Myriam Rivet; Editing by Sudip Kar-Gupta Read more... | |||
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| CIL dispatches over 152 MT of coal to power sector in Q1: Govt tells LS | Punjab leads region in solar power generation, pips Hry | Aurora Hydrogen Raises $10M to Develop Emission-Free, Low-Cost Hydrogen Technology | |||
State-owned CIL dispatched 152.49 million tonnes (MT) of coal to the power sector during April-June 2022, a year-on-year rise of 19 per cent, Parliament was informed on Wednesday. Coal India Limited (CIL) is the largest producer and supplier of the dry fuel in the country. "CIL has dispatched 152.49 MT of coal to Power Sector in the first quarter of the current fiscal surpassing all the previous highs of the same period Read more... | Chandigarh: Punjab has taken a lead in the region by generating over 6,034 million units (MUs) of solar power in the last four years.Whereas Haryana generated a total of 1,059 MUs from 2018-19 till May this year, HimachalPradesh 104 MUs and UT Chandigarh 54 MUs. Read more... | EDMONTON, AB, Aug. 1, 2022 /PRNewswire/ -- Aurora Hydrogen, a company developing emission-free, hydrogen production technology, has raised $10M USD in Series A funding led by Energy Innovation Capital. Participating investors include Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. This funding adds to additional funding by the Natural Sciences and Engineering Research Council of Canada (NSERC) that the team received earlier this year.Read more... | |||
| BP To Invest Upto £50 Million In Electric Vehicle R&D Centre In UK | A powdered sodium-ion battery offers 15 percent more energy density | ||||
British Petroleum or ‘bp’ has announced plans to invest up to £50 million in a new electric vehicle battery testing centre and analytical laboratory in the UK. The company had already revealed its intention to invest up to £18 billion in the UK’s energy system by the end of 2030. Expected to open by the end of 2024, the new facilities will be located at the present global headquarters of bp for its Castrol business in Pangbourne, Berkshire. Read more... | odium-ion batteries have been showing up as real heroes of sustainability as their chemistry is readily available, and their prices are much cheaper than their lithium-ion counterparts. The problem is getting their formulation just right so they can work and work well in a variety of temperatures. Now, researchers from Skoltech and Lomonosov Moscow State University have developed a material for sodium-ion batteries which may offer a viable eRead more... | ||||
WEC India Energy Handbook mobile application is a compendium of Indian and Global energy sector. The handbook is conceptualized as a ready reference for the energy professionals, covering key energy indicators, trends, source wise electricity generation, fossil fuel prices, top producers of electricity and reserves in the form of user interactive charts and graphs. The handbook also gives insight to global and Indian scenarios by organisations like IEA, EIA and WEC till 2040."